Poseidon, ONE et alia going for Atlas
The takeover of Atlas Corp., the holding with Seaspan as a major global containership lessor in its portfolio, is around the corner. On behalf of a consortium composed of David L. Sokol, chairman of the board of directors of Atlas , certain affiliates of Fairfax Financial... more
Port of Vienna’s 60th anniversary
Hupac and Terminal Sped top partners. The port of Vienna’s good results encourage it to look to new projects for more space in its 2022 anniversary year. more
Which is the cheapest sustainable marine fuel?
A study commissioned by SEA-LNG, a UK-based industry foundation, has found that liquified bio-methane (bio-LNG) offers real opportunities for maritime decarbonisation. Conducted at the Nanyang Technological University (NTU Singapore), the study points out that bio-LNG can be... more
Methanol-Maersk is on
In March 2022, A.P. Moller - Maersk entered into strategic partnerships with six companies involved in methanol production. By the agreements with Cimc Enric, European Energy, Green Technology Bank, Orsted, Proman, and Wastefuel, the aim is to source at least 730,000 t/year... more
Port of Houston's boom to continue?
The Port of Houston in Texas has set its second record for monthly container volumes in 2022. Handling almost 383,000 teu in August, the port surpassed its previous monthly record of 335,000 teu in container throughput set in May 2022. August’s monthly handling result was... more
Operations at Tibar Bay port begin
After four years of preparation, the new port in Tibar Bay is now operational. A USD 490 million investment over a 30-year period is planned for the country's first public-private partnership which is located 12 km from East Timor’s capital city Dili. The equipment includes... more
More cool chain in Antwerp
The joint venture between the Conti-Lines Group and Seafrigo has acquired a concession on the Nieuwe Westweg, near the Bevrijdingsdok in the port of Antwerp. It is planning to build a frozen food warehouse with space for more than 40,000 pallets on the approximately 60,000 sqm... more
OOCL starts to run on biofuel
The carrier Orient Overseas Container Line (OOCL) has successfully completed its test with the use of marine biofuel supplied by the energy company Chevron Singapore. The “OOCL Yokohama” is the first vessel of the carrier's fleet to use biofuel. The 4578 teu container vessel,... more
Clarksons sees "solid maritime conditions"
Maritime analyst Clarksons Research is comparably optimistic in its recent edition of its Shipping Review & Outlook report. The Clark Sea Index, the company's index for ship revenue, witnessed a small setback in September, but remains averaging USD 38,880 per day so far... more
JV for new terminal in Abu Dhabi Ports
The AD Ports Group has broken ground for a new capacity container terminal in Abu Dhabi. The CMA Terminals Khalifa Port is expected to be operational in H1/2025 and will be managed by a joint venture owned by CMA Terminals (70% ownership), a subsidiary of global shipping and... more